General insurance is basically an insurance policy that protects you against losses and damages other than those covered by life insurance. For more comprehensive coverage, it is vital for you to know about the risks covered to ensure that you and your family are protected from unforeseen losses. The coverage period for most general insurance policies and plans is usually one year, whereby premiums are normally paid on a one-time basis.
A standard motor insurance policy is usually the insurance coverage mandated by law to drive on the road. Thus, it primarily covers you against liability damages and unexpected repairs. First Investor takes care of any damage your vehicle might suffer. This plan, which is in its first year of operations; covers everything, including third party expenses. So now when you drive, rest assured; we take just as much care of your car as we do of you.
Financial planning is incomplete without planning health insurance. Due to today’s hectic lifestyle, improper diet, lack of exercise we are at higher risk of contingencies of untimely serious illnesses. Sudden health problems could have deep hole in your pockets. Medical science has advanced by leaps and bounds in the last few decades. There’s a definite need to cover for health insurance to reduce the financial burden. The health of every member of the family is precious and you need to safeguard it on priority. Use our Health Plans to make sure your family stays fit and fine.
A long drawn vacation, a business trip or studying abroad, no matter what is the reason, travelling abroad is full of excitement. With fun and excitement comes the responsibility to make your journey safe. Your desire to travel without worries is what an effective travel insurance to achieve. Be it a loss of passport or a sudden ailment or even loss/delay of your baggage, First Investor travel insurance ensures that your journey remains worry free and you enjoy to the fullest
1. Buy early for the best price: At 25, a plan with Rs 5 lakh coverage would cost you around Rs 5000, at 35 you'll have to shell out around Rs 6000 and at 45 the cost rises to Rs 8000. So buy it as early as possible to book the policy at the lowest possible premium.
2. Because your employer cover is just not sufficient: With exponential increase in healthcare costs, the need for health insurance cannot be overstated. Check the cost of a week's hospitalized for a regular illness and then compare it with your company's coverage. Most likely you'll be persuaded to buy a cover immediately. Still not sure? Think about when you grow older and might need more frequent medical attention.
3. Because incidence of lifestyle illnesses has increased: Fact is, you don't have to be 60 to need a health insurance. Sedentary lifestyle has led to increased occurrence of lifestyle disorders involving heart, cancer, lung conditions and stroke, claiming younger lives. It is therefore imperative to insure oneself timely. Moreover, health insurance policies offer annual health checks ups to encourage health awareness. Preventive services include counseling, screenings, and vaccines that help you to better manage your health.
Indianbusinessinfo.com do not sell health insurance to their customers directly. They assign the task to their agents who in turn sell health insurance to customers. However, there are certain companies that take the applications for health insurance directly from the customers. Here one needs to be well informed and aware as to the companies that are trustworthy and the ones that are fake. It is important for you to know how one company is different from the other in terms of benefits best suited to your needs. Another advantage of getting your insurance done directly from the company is that you are the sole decision taker; you are in direct touch with the company and know what is happening. There is no middleman involved here and you take your own decisions with regard to health insurance. Also, you know exactly which schemes have come up, and do not have to depend on the knowledge and awareness of either the agent or the broker, who tells you what to do.
1. Your flight has been cancelled.
2. Your bags are lost and your medication is in it. You need to have an emergency prescription filled.
3. Your passport and wallet are stolen, and you need emergency cash and a replacement passport.
4. You're involved in an accident and adequate medical treatment is not available. You need medical evacuation.
5.You need to cancel your trip due to illness.
6. Your cruise line, airline or tour operator goes bankrupt. You need your non-refundable expenses covered and to get to your destination.
1. To remain legal while on the road. Not all states require auto insurance, but all 50 states do require financial responsibility. That means that you have to prove that you will financially able to deal with the costs of an accident either through a valid insurance policy, a bond or other means allowable in your state.
2. To protect your vehicle. For the average person, their car is their second most expensive investment.
The more that you rely on your car and the less able you are to replace it out of pocket if something happens to it, the more vital auto insurance becomes.
3. To protect the health and welfare of your family.